Parc de la Toison d'Or

Details

Etymology:

"Parc de la Toison d'Or" is French for "Park of the Golden Fleece".

History:

At the beginning of the 90s, the Belgian Walibi Group was in its expanding phase and was looking into France. They had a part in the Parc de la Toison d'Or together with the company La Lyonnaise des Eaux. Walibi had the majority, Lyonnaise minority. There was a dispute between the two about how the park was being run/managed and Walibi sold its complete part in the park. They were already owning a minor of Walibi Rhône-Alpes and with the profit of the sell of Toison d'Or, they bought the complete 100% of Walibi Rhône-Alpes.

The park occupied 12 hectares and cost 155 million francs. The park hosted 300,000 visitors per year and had an annual income of 17 million francs. An accumulated debt of 162.5 million francs however caused the park to go bankrupt.

The area has been redeveloped into green areas, gardens and infrastructure.